Stone Park, IL Residential Income Properties for Sale

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Updated: Jan 5

Turn Key 6-Unit Building

805 North 22nd Avenue, Melrose Park, IL 60160

$869,700

2,329 sqft

Turnkey 6‑unit building with tenants in place in 4 units.
Exceptional rents currently being generated.
Seller will replace the roof with an acceptable offer.
Four units have been recently refreshed.
Includes a 3‑D tour available as of 11/18.

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This listing looks promising.

Here's a quick look at some key insights for

805 North 22nd Avenue, Melrose Park, IL 60160

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Est. Cap Rate

3.1%
NOI ÷ price
Est. NOI

$27K
Annual
Price @ 7% Cap

$386K
Suggested
Property Type

Apartments (Generic)
Built 1959

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Updated: Aug 7

Six-Unit Brick Apartment Building

1670 N 1st Avenue, Melrose Park, IL 60160

$869,000

0.16 AC lot

Six‑unit configuration with five 2‑bedroom apartments and one 1‑bedroom apartment
10 on‑site parking spaces on a 0.157‑acre lot
Brick and stone construction completed in 1960
New roof, gutters, and aluminum soffits
Owned coin‑operated washer and dryer

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Two-Unit Duplex with Basement and Garage

806 N 20th Avenue, Melrose Park, IL 60160

$330,000

0.17 AC lot

Double-lot duplex with a basement, enclosed porch, Florida room, and garage, served by public water and public sewer.

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6-Unit Apartment Building

805 N 22nd Avenue, Melrose Park, IL 60160

$869,700

0.05 AC lot

Turnkey 6-unit brick apartment building with all units rented and four recently refreshed.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Two-Unit Duplex with Private Entrances

125 N 22nd Avenue, Melrose Park, IL 60160

$375,000

Two-unit duplex with one occupied unit and one vacant unit, plus private entrances and a finished basement.

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Two-Unit Duplex Investment Property

1826 N 36th Avenue, Stone Park, IL 60165

$329,900

Brick duplex with a one-level front unit and a two-story rear unit, updated interiors, and a 2-car garage with double doors.

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All-Brick Duplex with Detached Garage

1012 N 24th Avenue, Melrose Park, IL 60160

$479,900

0.07 AC lot

All-brick duplex with two units, central air, in-unit laundry, and a detached two-car garage with parking.

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Two-Unit Residential Income Property

Melrose Park, IL 60160

$432,000

0.15 AC lot

Oversized two-unit property with a full basement, corner lot, and a 4-car garage, sold AS-IS.

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Duplex with Full Basement

1402 N 16th Avenue, Melrose Park, IL 60160

$399,900

Frame duplex on a double lot with a full basement, steam and baseboard heat, and fenced yard.

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Duplex with First-Floor Renovations

1310 N 24th Avenue, Melrose Park, IL 60160

$449,900

0.07 AC lot

Duplex with a fully renovated first-floor unit and a convenient basement laundry area.

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Two-Unit Duplex with Garage

806 N 20th Avenue, Melrose Park, IL 60160

$330,000

Separate apartments offer flexible living areas, enclosed porch space, basement utility, and off-street parking.

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Two-Unit Apartment Building

1622 N 40TH Avenue, Stone Park, IL 60165

$319,900

Two-unit apartment building built in 1945 with a 3-bedroom unit, a 2-bedroom unit, and steam baseboard heating.

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Triplex Property with Basement Apartment

1209 N 22ND Avenue, Melrose Park, IL 60160

$329,900

Legal two-flat configuration includes an additional apartment, spacious living areas, an eat-in kitchen, yard, and on-site parking.

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Renovated Duplex with Basement Space

1310 N 24th Avenue, Melrose Park, IL 60160

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Move-in ready first and second-floor units with 2024 renovations, plus basement laundry and flexible storage or work area.

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Brick & Stone Six-Unit Building

1670 N 1st 1670 1st Ave, Melrose Park, IL 60160

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Freestanding brick-and-stone building with six units and 9 parking spots, plus coin-operated laundry on-site.

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22-Unit Multifamily Property For Sale

2241 Mannheim Rd, Melrose Park, IL 60164

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22-unit multifamily property in Melrose Park, Illinois, with rental upside.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Stone Park, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Family Residential Income Building

150 S 14th Avenue, Maywood, IL 60153

$649,900

For-sale multi-family residential income property located at 150 S 14th Avenue in Maywood, Illinois.

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4-Unit Quadplex with New Roof

621 Lake Street, Maywood, IL 60153

$500,000

0.10 AC lot

Brick 4-unit quadplex with newer roof and four 2-bedroom, 1-bathroom units, with one unit vacant at closing.

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Brick 3-Unit Triplex

312 23rd Avenue, Bellwood, IL 60104

$479,000

Brick multifamily property with separate utilities, hardwood floors, and dedicated parking.

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Updated Triplex Investment Property

525 25th Avenue, Bellwood, IL 60104

$499,000

Legal three-unit triplex with refreshed interiors, natural gas heat, and public water and sewer services.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in River Forest

1101 Bonnie Brae Place, River Forest, IL 60305

$1,200,000

0.42 AC lot

Vacant lot suitable for condos or townhomes development.

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River Forest Vacant Lot

1101 Bonnie Brae Place, River Forest, IL 60305

Contact for pricing

100x184.53 lot in River Forest, Illinois.

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Wide Lot in Oak Park

730 N Humphrey Avenue, Oak Park, IL 60302

$360,000

0.14 AC lot

50x125 ft lot ready for new construction.

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Vacant Lot in Oak Park

1169 S Taylor Avenue, Oak Park, IL 60304

$200,000

Vacant lot for new construction in Southeast Oak Park.

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Off-Market Properties in Stone Park, IL

Consider similar Off-Market properties in Stone Park, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.